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TakeTwo Financial results reveal XCOM delay

Max Payne 3 sold-in approximately 3 million units

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Take-Two Interactive has reported financial results for the fourth quarter and fiscal year ended March 31, 2012.

For the fiscal year ended March 31, 2012, net revenue was $825.8 million, as compared to $1,136.9 million for the fiscal year ended March 31, 2011, which had benefited from the release of Red Dead Redemption. The strongest contributors to net revenue in fiscal year 2012 were L.A. Noire, NBA 2K12, the Grand Theft Auto franchise, Duke Nukem Forever and Red Dead Redemption.
 
Digitally delivered content accounted for 13% of net revenue, as compared to 9% in fiscal year 2011, driven by offerings for the Grand Theft Auto franchise, Red Dead Redemption, the Sid Meier’s Civilization franchise, Borderlands and L.A. Noire.

The company under the Rockstar Games label has launched Max Payne 3 and the title sold-in approximately 3 million units during its initial launch. 2K also released Major League Baseball 2K12 on March 6, launched The Darkness II on February 7 in North America and February 10 internationally.

As for the future, XCOM: Enemy Unknown is planned for release on October 9, 2012; BioShock Infinite is now planned for launch on February 26, 2013; Borderlands 2 is expected to launch on September 18, 2012; Spec Ops: The Line will launch on June 26, 2012; Civilization V: Gods & Kings expansion pack will be released on June 19, 2012.

2K Games now expects to release XCOM, its shooter version of the franchise that is in development at 2K Marin, during fiscal year 2014. This means yet another lengthy delay for the title.

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